FOUNDATION FOR CARDIOVASCULAR MEDICINE AND RESEARCH (EIN 330865249) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1999

Legal Domicile

Phone

8586254488

Tax Period

2024-01-01 to 2024-12-31

FOUNDATION FOR CARDIOVASCULAR MEDICINE AND RESEARCH, founded in 1999, is a small nonprofit in the Medical Research sector that reported $289K in total revenue in fiscal year 2024. Net assets of $1.5M represent 63 months of operating reserves.

Mission

FOUNDATION FOR CARDIOVASCULAR MEDICINE IS DEDICATED TO IMPROVE THE HEALTH AND SURVIVAL OF PEOPLE WITH CARDIOVASCULAR DISEASE THROUGH CLINICAL RESEARCH AND EDUCATION.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $54,076

Other Revenue $235,137

TOTAL REVENUE $289,213

Expense Breakdown

Grants Paid $0

Salaries & Benefits $216,209

Fundraising Expenses $0

Other Expenses $72,880

TOTAL EXPENSES $289,089

Year-over-Year Comparison

	2024	2023	Change
Revenue	$289,213	$286,966	+0.0%
Expenses	$289,089	$340,891	-0.2%
Net Income	$124	$-53,925	-1.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$200,984

Total Directors

$154,150

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DIANE K KOESTERWILKERSON	DIRECTOR	40.00	Officer Director Highest	$120,000	$0	$120,000
MARTHA T ALVAREZ	CFO	40.00	Officer	$46,834	$0	$46,834
DR MAURICE BUCHBINDER	CEO/PRESIDENT	40.00	Officer Director	$34,150	$0	$34,150

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$289,213	$289,089	$1,600,609	$124
2023	$286,966	$340,891	$2,516,350	$-53,925
2022	$57,382	$454,276	$2,000,280	$-396,894
2021	$91,466	$277,715	$2,574,907	$-186,249
2020	$151,701	$295,713	$2,658,814	$-144,012
2019	$132,627	$320,975	$2,762,520	$-188,348
2018	$137,361	$326,261	$2,720,876	$-188,900

FOUNDATION FOR CARDIOVASCULAR MEDICINE AND RESEARCH